SIC Code 4731-11 - Freight Brokers & Agents

Marketing Level - SIC 6-Digit

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SIC Code 4731-11 Description (6-Digit)

Freight brokers and agents are intermediaries between shippers and carriers, facilitating the transportation of goods from one location to another. They do not own the transportation equipment but instead arrange for the transportation of goods by finding carriers that can transport the goods at a reasonable price. Freight brokers and agents are responsible for negotiating rates, preparing shipping documents, and tracking shipments to ensure timely delivery. They work with a variety of clients, including manufacturers, wholesalers, and retailers, and are an essential part of the supply chain.

Hierarchy Navigation for SIC 6-Digit Code 4731-11

Tools

  • Load boards
  • Transportation management systems (TMS)
  • Electronic data interchange (EDI) software
  • Freight rate calculators
  • Carrier safety rating databases
  • GPS tracking software
  • Freight bill auditing software
  • Customer relationship management (CRM) software
  • Document management software
  • Freight matching software

Industry Examples of Freight Brokers & Agents

  • Truckload shipping
  • Lessthantruckload (LTL) shipping
  • Intermodal shipping
  • Air freight
  • Ocean freight
  • Rail freight
  • Expedited shipping
  • Temperaturecontrolled shipping
  • Hazardous materials shipping
  • Oversized/overweight shipping

SIC Code 4731-11 - Freight Brokers & Agents

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